Ninjastic
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Re: When will people feel comfortable using BTC ?
by
robotrobert
on 20/09/2018, 09:38:57 UTC
Quote from: Best Dreams on September 15, 2018, 10:00:34 AM
Quote from: missyqt29 on September 14, 2018, 01:54:02 PM
Quote from: jambola2 on May 31, 2014, 06:09:28 PM
When will people spend BTC as easily as fiat , not seeing it as an investment opportunity but a better currency for them to use ? Most of my friends that I have currently told about Bitcoin are most intrigued by its rapid rate of growth and not its outstanding features as a currency. They don't really care that it is free from government control , but are more focused on the fact that it has risen xy%

I don't really spend much of my Bitcoin , because I am always in fear.
I am not talking about cashing out , but for digital goods.

How do you spend 10 mBTC on a 5$ digital good when you believe that the same 10mBTC is worth atleast 15$ , probably more.
How much of your Bitcoin have you hoarded , and how much have you really spent ?
I am under the impression that people tend to hoard more with BTC than with fiat , considering it an investment more than a currency

I don't know how to make a poll here , so :- http://strawpoll.me/1793917
This is not referring to your blockchain.info statistic , which includes money you have moved around. I am looking at money you have truly spent vs total amount of BTC you have received.

Overall , I'm trying to look at how much my guess is true by the poll and your estimates of when majority of people will start looking at BTC as a currency.

EDIT : I'm not sure this is the right section , tell me if this should go in General Discussion or so.



I feel comfortable if I earn more money here on bitcoin. Also if the government allow the bitcoin in our country and the government allow the bitcoin to include on the academics on all college school because the bitcoin can help our economy to grow.
It will be great power of bitcoin if our government will allow us to use bitcoin like this, it is now digital age where all of us are in need of such developments, we should invest the more we have and get to use bitcoin for all kind of good that we can buy through bitcoin, in my country people are now living peaceful life because they have got the chance of earning and learning while using bitcoin, it is so easy and reliable to use bitcoin.
Bitcoin is volatile as its price is unstable so we are to connect with market every time in order to get updated with every single news especially the price ups and downs so as to make relevant decisions on time. But we can handle these situations as we have to do something in order to get the huge profit we can get from here. However for this the only solution to make things comfortable for us is possible if the number of participants in the market increases.